Sources of financial information: Internal (internal accounting systems, payroll etc.), External
(suppliers, Companies House, the Budget etc.)
• Financial information: Profitability, Cash flow, Business value, Financial stability, Cost projections.
• Need for financial information: Assessing finance requirements, obtaining finance, reporting to
owners, shareholders and stakeholders, Setting and meeting targets, Appraising new projects,
Managing risk, Internal needs v External needs.
• Business risks: Strategic, Market, Compliance, Operational, Risk modelling.